Listing provided courtesy of Samantha Binah of Coldwell Banker Realty. Last updated 2024-11-24 09:14:51.000000. Listing information © 2024 CRMLS.
Asking Price: $1,885,000
1236 Hi Point, Los Angeles CA 90035
Community: C19 - Beverly Center-Miracle Mile
Status: Active
This property was built in 1936 and is priced at $1,885,000. Please see the additional details below.
Welcome to 1236 Hi Point, a great investment/development opportunity, located in the Carthay Square Historic District. This 2 unit property with 2 bed, 1 bath each, comes with stamped plans for an ADU (Accessory Dwelling Unit) behind the main building. This offers an excellent opportunity for additional income or flexible living arrangements and presents many possibilities for the savvy investor. Whether you're looking to live in one unit and rent out the other, or plan a renovation project there is great potential. The property is situated in the vibrant Beverly Center-Miracle Mile area, a stone's throw from Beverly Hills. The location offers convenience and modern living, with superb dining, shopping, and entertainment hot spots nearby, including The Beverly Center and The Grove. The property is also near top schools, lush parks like La Cienega, and premier medical facilities including Kaiser West LA. Current rents are below market rate and both units are on month to month lease. The 2 garages that can be reached by the alleyway are the location for the approved ADU. Photos are of the upper unit.